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$1,149,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-25132
HOA Y/N No
Lot Size 0.252 Acres
Property Description
Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.Opportunities in locations this strong--paired with true upside potential--do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.
Location
State CA
County Los Angeles
Zoning R3
Interior
Fireplace No
Exterior
Fence None
Community Features Foothills, Suburban, Valley
View Y/N No
View None
Building
Lot Description Sprinklers None
Water Public
Others
Senior Community No
Tax ID 5807012005
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Brent Ballard eXp Realty of Greater Los Angeles (818) 919-0282, DRE #01297151
NEARBY SCHOOL & BUSINESS
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